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Apr 29, 2020
04/20
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that is benefit to neiman marcus and customers. gives them opportunity to trade up and be a little more responsible by putting that leather bag back into, you know, the economy so we can sell it to somebody else. so benefits us because we have a great supply channel, the newman marcus customer base becomes part of our customer base. the supply i can get from neiman marcus stores are, have a little stronger average sale value on the other side. a little bit higher ticket item. melissa: interesting. a little higher ticket item. very interesting, ben. thank you so much. fascinating business. congratulations to you. somebody doing well in this economy. good for you. connell? connell: very good, "fox business alert" now as we look back on facebook one more time for you. the stock remains higher by just about 10% now in after-hours trading. revenue was better than expected. even though there was a slight miss on the quarterly earnings per share that has not been the focus certainly for investors. this steep decrease reported in advertisi
that is benefit to neiman marcus and customers. gives them opportunity to trade up and be a little more responsible by putting that leather bag back into, you know, the economy so we can sell it to somebody else. so benefits us because we have a great supply channel, the newman marcus customer base becomes part of our customer base. the supply i can get from neiman marcus stores are, have a little stronger average sale value on the other side. a little bit higher ticket item. melissa:...
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May 23, 2019
05/19
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marcus, if you go to jail, we'll visit you, but we're not taking the flag down. >> marcus, john layfield here. it is wonderful to have you ton show, sir -- to have you on the show, sir. i applaud you. i'm glad you are on the number one business show in the world. this is where you belong, sir. i want to ask you, though, are you willing to go to jail? there's an injunction if it is passed by a judge, you could end up in contempt of court. are you willing to go that far, sir? and welcome to bulls & bears. >> thank you, guys. what's been told to me is the way this process works, city files a lawsuit. they are seeking the injunction. the fine as i've told everybody make it 50, make it 500, make it 5,000, this is not about dollars and cents. this is about doing what's right. if you told me the name of my business had to come off my building in exchange for the flag staying, i would say fine. i will take the name of my business off the building. what i've been told is that if the injunction is granted by the court, that i will be instructed to take the flag down. i have been very transparent f
marcus, if you go to jail, we'll visit you, but we're not taking the flag down. >> marcus, john layfield here. it is wonderful to have you ton show, sir -- to have you on the show, sir. i applaud you. i'm glad you are on the number one business show in the world. this is where you belong, sir. i want to ask you, though, are you willing to go to jail? there's an injunction if it is passed by a judge, you could end up in contempt of court. are you willing to go that far, sir? and welcome to...
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cheryl: neiman marcus is being sold. joining me now is capital advisors ceo and chief equity strategist. gentlemen, it is good to see you both. first, your reaction, you like this one? >> what is neiman marcus? they have no growth, they will have to grow within, opening up new shops. since the financial crisis of 2006, one mall has opened up. a trophy asset and good cash opportunity. cheryl: i guess you have that much money to throw around. you look at tpg, you have to wonder what was their thinking muc.or are the canadians so much smarter. what do you think? >> that is a great point. tpg has a great track record of success with retail. i am less familiar with the buyers track record. they mentioned consumer base deals, but as brian pointed out, even if you wanted to grow, there is not the real estate to do so. as you pointed out people say the only way i can grow is to acquire down in the lower 48. cheryl: i had a very interesting thing with private equity guy over the weekend. i so what is your take on neiman marcus? h
cheryl: neiman marcus is being sold. joining me now is capital advisors ceo and chief equity strategist. gentlemen, it is good to see you both. first, your reaction, you like this one? >> what is neiman marcus? they have no growth, they will have to grow within, opening up new shops. since the financial crisis of 2006, one mall has opened up. a trophy asset and good cash opportunity. cheryl: i guess you have that much money to throw around. you look at tpg, you have to wonder what was...
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Jul 10, 2019
07/19
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fight for bernie marcus and home depot. home depot says marcus retired from the company more than 15 years ago and it doesn't endorse any presidential candidate. that's its standard practice. what message is this boycott from the left actually sending? >> it's sending a message of desperation, david. they know they are lashing out. they don't have great support among the american people. so they try to instill fear that if you go against what they're saying or what they believe in, they will try to punish you or punish the innocent. bernie marcus has left home depot as you pointed out a decade and a half ago. so they're hurting innocent people, hurting the shareholders, which are pensioners, many of them, and people who are working at home depot. that's not the way to move the ball forward, and that's why they are doing president trump once again a huge favor. i wonder if he has them secretly on a payroll. >> this is ridiculous because we have home depot employing 325,000 people across the united states. home depot actually
fight for bernie marcus and home depot. home depot says marcus retired from the company more than 15 years ago and it doesn't endorse any presidential candidate. that's its standard practice. what message is this boycott from the left actually sending? >> it's sending a message of desperation, david. they know they are lashing out. they don't have great support among the american people. so they try to instill fear that if you go against what they're saying or what they believe in, they...
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Mar 14, 2017
03/17
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neiman marcus owns a lot of stores. there are a lot of anchor stores, especially texas, san antonio, other places in dallas. they're looking to possibly off-load those an generate revenue for neiman marcus. it hasn't since the acquisition in 2013, they haven't really recovered from their ebitda. they have been five billion dollars in debt. liz: i was just going to say, amazon is being blamed for killing a lot of brick-and-mortar stores. almost sounds like hudson's bay has the ability to have a great online presence. i love how you called neiman marcus ancient because hudson's bay has been around since the 18th century. they were trading their blankets for beaver pelts. that is unbelievable. what does it say that a canadian retailer is able to heat things up and purchase big u.s. luxury chains? in the end is this a downward death spiral for u.s. brick-and-mortar retailers? >> i tried to be a little bit more optimistic than a downward death spiral but it toys your point it is true. we saw macy's off-load a bunch of stores
neiman marcus owns a lot of stores. there are a lot of anchor stores, especially texas, san antonio, other places in dallas. they're looking to possibly off-load those an generate revenue for neiman marcus. it hasn't since the acquisition in 2013, they haven't really recovered from their ebitda. they have been five billion dollars in debt. liz: i was just going to say, amazon is being blamed for killing a lot of brick-and-mortar stores. almost sounds like hudson's bay has the ability to have a...
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Jan 28, 2014
01/14
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neiman marcus is not a good example because it is such a unique store. any store where there are many of them, many sores, that knows about the hacking and didn't reveal it runs risk of losing customers. eventually the free market will establish retail establishments impervious to hacking. may charge a little more but they will guaranty if you come here your credit card information will never fall into the hands of bad guys. neil: well, wouldn't iting incumbent, judge, on retailers to to never even be seen as potentially covering up? >> yes. neil: you remind me the cover that gets you nothe crime. >> be far better off revealing it and saying we learned about it two hours ago. we learned how massive it is. in the past two hours here are the steps we have taken to -- neil: sense of delaying court sort the getting hands around the problem or neat r need more times to get their hands around the problem? what is statute of limitations, days, weeks? >> statute of limitations to sue a retailer because your credit or assets have been i'm paired isix years in alm
neiman marcus is not a good example because it is such a unique store. any store where there are many of them, many sores, that knows about the hacking and didn't reveal it runs risk of losing customers. eventually the free market will establish retail establishments impervious to hacking. may charge a little more but they will guaranty if you come here your credit card information will never fall into the hands of bad guys. neil: well, wouldn't iting incumbent, judge, on retailers to to never...
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Jan 14, 2014
01/14
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what is the difference between a target customer and a neiman marcus customer? well, a lot of them have credit lines upwards of $50,000. forget great coupon. they could a hacker and think about some targets making up in real dollars which just keeps raising the number. don't think that that is as far as all of the schools now. target having these full-page ads. and it is doing its darndest to present and the future mass. those former fbi director says that might be a lot easier said than done. stephen says try everywhere. and so how do you stop them these promises notwithstanding? >> law enforcement, what we are seeing is this starts and it is a massive conspiracy worldwide these individuals are working with. so you might have the ringleader but if the conspiracy of specialties, another person who knows how to launder money and often they don't even know who the other one is. they are working as a unit and they don't even over their co-conspirators hour. >> all the systems are able to oversimplify them. how do they do that? >> with law enforcement and target own
what is the difference between a target customer and a neiman marcus customer? well, a lot of them have credit lines upwards of $50,000. forget great coupon. they could a hacker and think about some targets making up in real dollars which just keeps raising the number. don't think that that is as far as all of the schools now. target having these full-page ads. and it is doing its darndest to present and the future mass. those former fbi director says that might be a lot easier said than done....
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bernie marcus is the american capitalist. a man who comes from nothing, works his way through states will, rutgers university, gets fired from his job in the 1970s as ceo of a company called handy dan and he goes to the great financier can layingone, divorce kicked you with the golden horseshoe, start that thing called home depot. i should point out, handy dan has been out of business since 1989. home depot is a $300 billion company right now, $150 billion a year in revenues. bernie marcus is a billionaire, so is can layingone, american success stories, they are what it means to be american. i will say this about bernie. he has taken his money to give a lot of money to charity but also in the political realm, he believes free-market capitalism needs to be savored. it is under assault and the country is heading for third world status unless there's a change in political leadership from where it is today. office you can find on foxbusiness.com, the long version of the interview. a man in the winter of his life, he's looking bac
bernie marcus is the american capitalist. a man who comes from nothing, works his way through states will, rutgers university, gets fired from his job in the 1970s as ceo of a company called handy dan and he goes to the great financier can layingone, divorce kicked you with the golden horseshoe, start that thing called home depot. i should point out, handy dan has been out of business since 1989. home depot is a $300 billion company right now, $150 billion a year in revenues. bernie marcus is a...
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Jan 13, 2014
01/14
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>> well, the first thing that's missing is, keep in mind, the neiman marcus hasn't -- neiman marcus only announced it because someone pressured them. it happened in mid december, december 15th, it's almost a month later and the public does not know that their information was stolen. in one month, i can empty someone's bank account and keep in mind, the new data stolen. i think two hits on target the first one for 40 million at the point of sale the next one 70 million which gleaned home phone numbers, e-mail addresses, everything personal except the social security number however with all the information, getting the social security number is trivial. you know, we are in a situation where companies are just being la say fair about i want to let you know immediately. >> and my card was compromised neiman marcus in august and i found out ten days ago, you know, luckily, no one cleaned me out, but to your point, who has to step up to the plate here, the retailer, the credit card company, and obviously, there's technology that can make this better, who is going to step up and make it better
>> well, the first thing that's missing is, keep in mind, the neiman marcus hasn't -- neiman marcus only announced it because someone pressured them. it happened in mid december, december 15th, it's almost a month later and the public does not know that their information was stolen. in one month, i can empty someone's bank account and keep in mind, the new data stolen. i think two hits on target the first one for 40 million at the point of sale the next one 70 million which gleaned home...
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Sep 15, 2015
09/15
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home depot co-founder bernie marcus back with me now. from a business person's point of view, someone who created home depot. what is hurting u.s. businesses before. i heard out small businesses and the lack of resources that they have. but in general for all business? >> well, it's not only -- it's not only small businesses. i mean i think that regulations are a killer in america today. i think that the labor laws are killers in creating jobs. i think that it's difficult to do business in the united states. i know a banker who has run banks in the united states, he's opening banks in england, in the u.k. today, and he says it's so much easier to open banks in the u.k. than it is to open here. so just the ability to do business. now, look, when you speak as a business guy, like myself, i have to tell you something, home depot today has over 300,000 associates working for it. that's 300,000 people who are gainfully employed, earning very good liveings, many are multibillionaires because they bought home depot stock, which is good on their
home depot co-founder bernie marcus back with me now. from a business person's point of view, someone who created home depot. what is hurting u.s. businesses before. i heard out small businesses and the lack of resources that they have. but in general for all business? >> well, it's not only -- it's not only small businesses. i mean i think that regulations are a killer in america today. i think that the labor laws are killers in creating jobs. i think that it's difficult to do business...
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Nov 10, 2023
11/23
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home depot cofounder bernie marcus has now endorsed donald trump. he is a leader of business across the board. a huge, huge development and we'll take a look at hat tip to vivek ramaswamy for going after the corrupt and biased left wing media in wednesday night's debate. that's an overlooked part of that story and i want to circle back to it. turely hurt and jason chaffetz all when kudlow returns. get help reaching your goals with j.p. morgan wealth plan, a digital money coach in the chase mobile® app. use it to set and track your goals, big and small... and see how changes you make today... could help put them within reach. from your first big move to retiring poolside - and the other goals along the way. wealth plan can help get you there. ♪ j.p. morgan wealth management. my husband and i have never been more active. shingles doesn't care. i go to spin classes with my coworkers. good for you, shingles doesn't care. because no matter how healthy you feel, your risk of shingles sharply increases after age 50. but shingrix protects. proven over 90
home depot cofounder bernie marcus has now endorsed donald trump. he is a leader of business across the board. a huge, huge development and we'll take a look at hat tip to vivek ramaswamy for going after the corrupt and biased left wing media in wednesday night's debate. that's an overlooked part of that story and i want to circle back to it. turely hurt and jason chaffetz all when kudlow returns. get help reaching your goals with j.p. morgan wealth plan, a digital money coach in the chase...
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8.0
Dec 18, 2021
12/21
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maria sat down with the ceo of neiman marcus group to ask him about this and a lot more. next. ♪♪ this... is the planning effect. this is how it feels to know you have a wealth plan that covers everything that's important to you. this is what it's like to have a dedicated fidelity advisor looking at your full financial picture. making sure you have the right balance of risk and reward. and helping you plan for future generations. this is "the planning effect" from fidelity. it's another day. and helping you plan for future generations. and anything could happen. it could be the day you welcome 1,200 guests and all their devices. or it could be the day there's a cyberthreat. only comcast business' secure network solutions give you the power of sd-wan and advanced security integrated on our activecore platform so you can control your network from anywhere, anytime. it's network management redefined. every day in business is a big day. we'll keep you ready for what's next. comcast business powering possibilities. hey, angie! you forgot your phone! hey lou! angie forget h
maria sat down with the ceo of neiman marcus group to ask him about this and a lot more. next. ♪♪ this... is the planning effect. this is how it feels to know you have a wealth plan that covers everything that's important to you. this is what it's like to have a dedicated fidelity advisor looking at your full financial picture. making sure you have the right balance of risk and reward. and helping you plan for future generations. this is "the planning effect" from fidelity. it's...
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119
Jan 30, 2014
01/14
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i opened my mailbox, found a letter from neiman-marcus. they told me i might be one of these people. i shopped there exactly one time last year. that's to buy a present for my husband and guess what? i can be in trouble a hacker could have my personal information. let me show you what the letter said. we have copied it here so you can see it. social security numbers and birth dates were not comprised. customers that shopped online don't appear to be impacted. we have taken and continue to take number of steps to contain the situation. they then go on to promise you a year's worth of identity theft protection. all kinds of efforts to try to keep you safe. that's, of course, after the fact. after you've been broke anyone to. what do you make of their effort to control those problem? because let me tell you, the thieves were on -- in neiman-marcus long before they were on target. >> well, i can tell you gere i are, it's the tip of the iceberg. we have target and neiman-marcus. we have michael's announce they've been hit. at this point every a
i opened my mailbox, found a letter from neiman-marcus. they told me i might be one of these people. i shopped there exactly one time last year. that's to buy a present for my husband and guess what? i can be in trouble a hacker could have my personal information. let me show you what the letter said. we have copied it here so you can see it. social security numbers and birth dates were not comprised. customers that shopped online don't appear to be impacted. we have taken and continue to take...
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Dec 30, 2022
12/22
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i know gary calpont has something to say. >> i love bernie marcus, simple as that. my biggest problem with socialists are socialists and only money in our lives and quite the capitalist with money in their lives and it's one big giant con game for them having booked -- making people believe that without them, their lot in life will never ever be good and it obviously sells because they keep trying to sell it on a daily basis and if i want to learn and grow, i want to listen to a bernie marcus and not the bernie sanders that are out there. edward: should the american rescue plan, which paid people not to work through september of last year, set off the dominoes that made it difficult for companies to hire workers even through the rest of the year. >> the more government intrudes and the more government gives away, the worse it is. success, hard work, sweat, toil, upward mobility and you never hear those words from socialists because upward mobility are success of the enemies of these people and unfortunately they've got a great game in dc, they have an open spigot to
i know gary calpont has something to say. >> i love bernie marcus, simple as that. my biggest problem with socialists are socialists and only money in our lives and quite the capitalist with money in their lives and it's one big giant con game for them having booked -- making people believe that without them, their lot in life will never ever be good and it obviously sells because they keep trying to sell it on a daily basis and if i want to learn and grow, i want to listen to a bernie...
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Oct 31, 2022
10/22
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it was a great pleasure, honor to have you on the show, bernie marcus. i hope you can come back again soon. thank you very much, sir. >> thank you, thank you, pleasuring here. stuart: what a guy. what a guy. susan: great story. stuart: something else again. georgia's governor kemp and democrat challenger stacey abrams squared off for the final debate last night. watch this. >> i did not say nor do i believe in defunding the police. he is lying again. i never said i believe in defunding the police. >> miss abrams on cnn got asked the question would she defund the police, she said yes. stuart: will voters buy abrams reversal. we're on it. "the washington post" claims racist tweets have quickly surfaced after elon musk closed his deal to buy twitter. joe concha will take that on next. ♪. ♪ my relationship with my credit cards wasn't good. i got into debt in college and, no matter how much i paid, it followed me everywhere. between the high interest, the fees... i felt trapped. debt, debt, debt. so i broke up with my credit card debt and consolidated it
it was a great pleasure, honor to have you on the show, bernie marcus. i hope you can come back again soon. thank you very much, sir. >> thank you, thank you, pleasuring here. stuart: what a guy. what a guy. susan: great story. stuart: something else again. georgia's governor kemp and democrat challenger stacey abrams squared off for the final debate last night. watch this. >> i did not say nor do i believe in defunding the police. he is lying again. i never said i believe in...
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Jan 13, 2014
01/14
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gerri: more news continues to unfold with a massive data breach with target, neiman-marcus and three other well-known retailers who presumably will announce that they were breached as well. the national retail federation calling for high end credit-card security. our next guest is by phone and the editor in chief of american banker. more attacks. are you surprised? >> not really. they have been going on for years but what is surprising people right now is the size. with target may be as many as 110 million people of course, when people fear their other retailers but we don't know who yet they start to get very nervous. i heard the house democrats are asking for an investigation or some sort of hearing. melissa: i am sure they will do a fine job. gerri: the people money to get on the case are the retailers and the banks. food needs to fix this problem? >> it is so easy to clone the cards with the signature and magnetic stripe if there is a decent interim solution was chipping and in technology going from their retailers through their credit card processor -- processing companies throu
gerri: more news continues to unfold with a massive data breach with target, neiman-marcus and three other well-known retailers who presumably will announce that they were breached as well. the national retail federation calling for high end credit-card security. our next guest is by phone and the editor in chief of american banker. more attacks. are you surprised? >> not really. they have been going on for years but what is surprising people right now is the size. with target may be as...
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Dec 18, 2021
12/21
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the ceo of the neiman marcus group with the 20 retail ceos sending a letter to capitol hill. after several of the luxury stores have been targeted across the country. maria had a chance to speak with him and talk more about this. >> taking some attribute here, i am so sorry to look at these pictures and see what you have been dealing with, what do you think congress can do. >> what we can do is take measures to protect the safety of our customers and associates. as an industry we joined america coalition requesting support so we can take different measures to ensure the safety and allow everyone to shut any environment they don't feel good. jackie: and to. >> house a price for you to see this what incredible brazen lawlessness to have these people smashing windows to steal thing into things. what can even impact has a high view in the business. >> with not seen an impact on the business from those incidents. we are very focused on making sure our employees and associates feel safe in the environment that they are in leaders we travel to supporter teams and were taking any mea
the ceo of the neiman marcus group with the 20 retail ceos sending a letter to capitol hill. after several of the luxury stores have been targeted across the country. maria had a chance to speak with him and talk more about this. >> taking some attribute here, i am so sorry to look at these pictures and see what you have been dealing with, what do you think congress can do. >> what we can do is take measures to protect the safety of our customers and associates. as an industry we...
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Dec 19, 2021
12/21
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it retailed leaders speaking on the rise in crime, the neiman marcus group ceo has to say about this holiday sale amid rising inflation in the company may be splitting into three, let's take a look back at some of the top newsmakers on boarding with maria on this edition of the week's talkers. >> the union boss of the los angeles police department is wanting people to stay away from los angeles. >> the sad part it is true, if you're coming to los angeles, don't come here, it's true, it's dangerous. >> the child tax credit goes away in one year but they don't really wanted to go away and one year? >> nor will it. democrats have been pretty clear they want to make all the provisions permanent by using one or two years or gimmicks. >> what you see in terms of performance, what is your outlook for the new year? >> we just finished the best nine months of the company's history in terms of profits. the reason for that, we had lower claims than we had expected due to people not going to the doctor or remaining at home. jackie: here's a look at where the markets ended the week. joining me no
it retailed leaders speaking on the rise in crime, the neiman marcus group ceo has to say about this holiday sale amid rising inflation in the company may be splitting into three, let's take a look back at some of the top newsmakers on boarding with maria on this edition of the week's talkers. >> the union boss of the los angeles police department is wanting people to stay away from los angeles. >> the sad part it is true, if you're coming to los angeles, don't come here, it's true,...
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Oct 18, 2022
10/22
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bernie marcus proved very prescient. in 1979, very inhospitable environment, to put it mildly, went public a couple years later. had you put $10,000 into this company, you would have more than $4 million today. of course you all did that that is why you're sitting back and relaxing saying okay, what's the rest of the world doing? bernie marcus is with us. kick up some dust. lessons on thinking big, giving back, doing it yourself, cofounder of home depot. kind enough to join us. good to see you, bernie? >> great to see you, neil. you know what? deja vu all over again. same scenario. interest rates high. over 20%. inadequate president, carter, which is the same as what you have now, and absolutely no answers for what they can do. and in fact doing everything they could do wrong, they do wrong. so it's, it is the same thing. we struggle through those areas. in fact having gone public we had money, we paid vendors ahead of time to ship merchandise to our stores. i think that many vendors in the united states would not be ali
bernie marcus proved very prescient. in 1979, very inhospitable environment, to put it mildly, went public a couple years later. had you put $10,000 into this company, you would have more than $4 million today. of course you all did that that is why you're sitting back and relaxing saying okay, what's the rest of the world doing? bernie marcus is with us. kick up some dust. lessons on thinking big, giving back, doing it yourself, cofounder of home depot. kind enough to join us. good to see you,...
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Apr 23, 2020
04/20
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i mean, look at neiman marcus. great platinum brand, failed to make interest payments last week on $4.7 billion in debt. neiman could file for bankruptcy, everyone is saying, at least there are reports out there, by the end of this week. your former employer, sak's, has tried three times over the past decade to merge with neiman. will the fourth time be a charm? can saks save neiman or is it unsavable? >> i have no idea whether sak's will do anything with neiman. i will tell you neiman, the real issue there is the debt. this is still a $4 billion, $5 billion company that's generating quite a bit of ebita. the real issue is it has a balance sheet that can't sustain -- that it can't sustain. so if they restructure the debt, if they were to go and close a number of stores, renegotiate rents, could somebody run that company in a manner differently than it's being run today and neiman marcus is a great name and has a very good customer base. so i don't know whether it's going to be sak's, somebody else. it would be a sh
i mean, look at neiman marcus. great platinum brand, failed to make interest payments last week on $4.7 billion in debt. neiman could file for bankruptcy, everyone is saying, at least there are reports out there, by the end of this week. your former employer, sak's, has tried three times over the past decade to merge with neiman. will the fourth time be a charm? can saks save neiman or is it unsavable? >> i have no idea whether sak's will do anything with neiman. i will tell you neiman,...
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10.0
Aug 27, 2021
08/21
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eye 10
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when i was growing up there was a show called marcus welby m.d.. when doctors still made house calls. he had the best bedside manner and i couldn't help thinking about him as jerome powell, the fed might wait too long for accommodation, it creates pain for investors. moreover his comments, at the fed, investors ready for taper bring committing to some point later this year. maybe they won't have the usual temper tantrum, the kid who lost out at the doctor's office saying his lollipop. let's find out what the doctor did, powell, wall street seemed to love it, thinking about this market for the end of the year. >> reporter: i remember marcus welby. powell has the same mannerism. the market is okay with tapering. they might take some encouragement from it. it means the fed will lean in to potential inflation and if you get that in the next couple months, ample time to vet it, negative for the stock market. what is the bigger issue, it is when the rate hike would be for the federal reserve and that doesn't move off of the tale of end next year. i'm mor
when i was growing up there was a show called marcus welby m.d.. when doctors still made house calls. he had the best bedside manner and i couldn't help thinking about him as jerome powell, the fed might wait too long for accommodation, it creates pain for investors. moreover his comments, at the fed, investors ready for taper bring committing to some point later this year. maybe they won't have the usual temper tantrum, the kid who lost out at the doctor's office saying his lollipop. let's...
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Feb 27, 2013
02/13
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neil: bernie marcus, cofounder of home depot. there is a guy who just gets it, mama mia, what is happening in ing in italy could cause big problems over here, pay attention, because the leaning tower of pissa is just going to fall. neil: you see that woman in the hat? you know this video for a cause, the deal with the debt, that is alice rivlin, folks, the former vice chair of federal reserve, former budget director, of congress, of bill clinton, big member of debt commission. she is widely reported by both parties. and yet she does not feel so haughty, so arrogant she would not appear in a video in a silly hat to make a serious point, this is why live having alice rivlin on. alice, great having you. >> flies to be here. be -- nice to be mere. neil: what got you doing that video? >> at my age you take a lot of risks, who cares. >> i thought it was great, it humanize the whole issue. >> i think so. i have been working with fix the debt, because i care very much about fixing our national debt, and youth arm of fix the debt is the c
neil: bernie marcus, cofounder of home depot. there is a guy who just gets it, mama mia, what is happening in ing in italy could cause big problems over here, pay attention, because the leaning tower of pissa is just going to fall. neil: you see that woman in the hat? you know this video for a cause, the deal with the debt, that is alice rivlin, folks, the former vice chair of federal reserve, former budget director, of congress, of bill clinton, big member of debt commission. she is widely...
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Aug 25, 2022
08/22
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marcus is one of the few people who's helping them. i hope to talk to you on one of my podcasts more about this, marcus. thank you so much. >> yeah, thank you, kennedy. appreciate you having me. kennedy: absolutely. we'll discuss more and the topical storm is next. stay put. ♪ kennedy: a missouri school district has voted to allow teachers to hit students with paddles instead of giving them detention. if you live in missouri, be careful not to end up the bottom of your class. that's how you teach them a lesson and this is the topical storm. topic number one, officials say they discovered new dinosaur tracks hidden in the texas dinosaur valley state park. go figure. it's always the last place you would think to look. these are 113 million-year-old dinosaur tracks with vivid imprints with roast beef, the one that went to market, the one that cried wee wee wee all the way home and experts say the tracks belong to two different species presenting irrefutable proof that dinosaurs roamed the earth before they moved to dc and took over the
marcus is one of the few people who's helping them. i hope to talk to you on one of my podcasts more about this, marcus. thank you so much. >> yeah, thank you, kennedy. appreciate you having me. kennedy: absolutely. we'll discuss more and the topical storm is next. stay put. ♪ kennedy: a missouri school district has voted to allow teachers to hit students with paddles instead of giving them detention. if you live in missouri, be careful not to end up the bottom of your class. that's how...
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Oct 29, 2016
10/16
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anthony: we are back with bernie marcus. one of the biggest issues we hear from all corners is that big companies and small companies are just getting crushed by regulation so we want to know here if you would be able to start home depot in 2016 >> no, and by the way i'm telling you the factual absolutely not. when we started in 78, 7910 langone as you know the government was there for us. they really tried to help us get along. in today's environment, i will give you perfect example. dodd-frank, we were undercapitalized and i mean undercapitalized. the bank line was critical. i couldn't get a bank in georgia to back us in this state state because of the new venture, new idea. we couldn't sell it to anybody. my old bankers in california, atlanta georgia, california they agreed to give us $5.5 million line of credit. today in by the way we where undercapitalized. our balance sheet with terrible but the banker in california believed in us, believed with arthur and myself. he knew we were honest and we had a. idea. he thought i
anthony: we are back with bernie marcus. one of the biggest issues we hear from all corners is that big companies and small companies are just getting crushed by regulation so we want to know here if you would be able to start home depot in 2016 >> no, and by the way i'm telling you the factual absolutely not. when we started in 78, 7910 langone as you know the government was there for us. they really tried to help us get along. in today's environment, i will give you perfect example....
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Apr 12, 2023
04/23
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liz: well, the marcus corp. stock is up about 24.25% year candidate, so you are participating in this nice move here. let's hope it continues for the movie-going audience and for the movie merricks. thank you, greg. >> thank you, liz. i appreciate the time. liz: greg marcus. coming back, the latest on crypto exchange ftx. charlie breaking it next. ♪ ♪ . . i screwed up. -mhm. i got us t-mobile home internet. ah! now cell phone users have priority over us. and your marriage survived that? you can almost feel the drag when people walk by with their phones. oh i can't hear you... you're froze-- ladies, please! you put it on airplane mode when you pass our house. i was trying to work. we're workin' it too. yeah! work it girl! -woo! i want to hear you say it out loud. well, i could switch us to xfinity. those smiles. that's why i do what i do. that and the paycheck. ♪. liz: as disgraced ftx founder sam bankman-fried awaits his october trial on securities fraud, money laundering among other charges bankruptcy law
liz: well, the marcus corp. stock is up about 24.25% year candidate, so you are participating in this nice move here. let's hope it continues for the movie-going audience and for the movie merricks. thank you, greg. >> thank you, liz. i appreciate the time. liz: greg marcus. coming back, the latest on crypto exchange ftx. charlie breaking it next. ♪ ♪ . . i screwed up. -mhm. i got us t-mobile home internet. ah! now cell phone users have priority over us. and your marriage survived...
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Oct 29, 2016
10/16
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one of the cofounders of the retail giant home depot bernie marcus. first of all thanks for being here but what is your take on the political rhetoric against business in the united states? >> well, look i think that hillary's attack on business has been consistent with the democrats attack on business all year. you have heard it from bernie sanders. business is bad and then they talk about taking and helping the middle class and helping people with jobs. who employs people in america a? i think it's business, is not? i don't know where hillary comes from. i don't know where elizabeth warren comes from because she is going to be the pseudo-president if hillary is elected. jobs are created by business and attacking businesses doesn't make a hell of a lot of sense but it tells you where clinton's head is and where her agendas going. gary: mr. trump seems to be doing that on the campaign. what do you make of that? >> i think he's a businessman. i think ultimately he understands what it means to hire people, to pay people. he understands what overhead is.
one of the cofounders of the retail giant home depot bernie marcus. first of all thanks for being here but what is your take on the political rhetoric against business in the united states? >> well, look i think that hillary's attack on business has been consistent with the democrats attack on business all year. you have heard it from bernie sanders. business is bad and then they talk about taking and helping the middle class and helping people with jobs. who employs people in america a?...
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did you forget marcus? forget what? your chem exam? uggh? flashcard time! the atomic weight of boron. the future isn't scary, not investing in it is. 100 innovative companies, one etf. before investing, carefully read and consider fund investment objectives, risks, charges expenses and more prospectus at invesco.com. ♪3, 4♪ ♪ ♪hey♪ ♪ ♪are you ready for me♪ ♪are you ready♪ ♪are you ready♪ maria: welcome back. well, a volatile week for stocks this week that included the worst day for the dow industrials in more than a year. this after a hotter than expected jobs report and a slew of federal reserve officials signaling they would not be rushing into rate cuts so soon as we mentioned earlier. neel kashkari saying there may be no rate cuts this year at all. joining me right now to discuss it is nice' portfolio manager -- niles' portfolio manager dan niles. it's great to see you, thank you so much for being here. what is your take on the federal reserve? we saw some good numbers on jobs, and a lot of people are questioning whether or not t
did you forget marcus? forget what? your chem exam? uggh? flashcard time! the atomic weight of boron. the future isn't scary, not investing in it is. 100 innovative companies, one etf. before investing, carefully read and consider fund investment objectives, risks, charges expenses and more prospectus at invesco.com. ♪3, 4♪ ♪ ♪hey♪ ♪ ♪are you ready for me♪ ♪are you ready♪ ♪are you ready♪ maria: welcome back. well, a volatile week for stocks this week that included the...
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Oct 29, 2016
10/16
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anthony: we are back with bernie marcus. one of the biggest issues we hear from all corners is that big companies and small companies are just getting crushed by regulation so we want to know here if you would be able to start home depot in 2016 >> no, and by the way i'm telling you the factual absolutely not. when we started in 78, 7910 langone as you know the government was there for us. they really tried to help us get along. in today's environment, i will give you perfect example. dodd-frank, we were undercapitalized and i mean undercapitalized. the bank line was critical. i couldn't get a bank in georgia to back us in this state state because of the new venture, new idea. we couldn't sell it to anybody. my old bankers in california, atlanta georgia, california they agreed to give us $5.5 million line of credit. today in by the way we where undercapitalized. our balance sheet with terrible but the banker in california believed in us, believed with arthur and myself. he knew we were honest and we had a. idea. he thought i
anthony: we are back with bernie marcus. one of the biggest issues we hear from all corners is that big companies and small companies are just getting crushed by regulation so we want to know here if you would be able to start home depot in 2016 >> no, and by the way i'm telling you the factual absolutely not. when we started in 78, 7910 langone as you know the government was there for us. they really tried to help us get along. in today's environment, i will give you perfect example....
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Jan 13, 2014
01/14
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>> this problem is far more wide-ranging than target and neiman marcus. very sophisticated operation. they spend a lot on security. when they can get a breach, tells you how severe this problem is. as a nation, we are under attack the cyber crime gangs and retailers are not equipped to deal with these motivated ivoryy gary's going after these. dennis: the federal reserve is more positive, but how does the consumer feel? and report looks at just that. >> mirror fed released a new survey on consumer expectations cover expectations for inflation, job prospects and other things, and the first survey show more people appear confident about their job prospects because more of them say they are willing to quit their current job to look for a new one. in december 22% expected to leave a job voluntarily in the next year up from about 19% in june, but other people are more worried about losing a job, nearly 70% in december versus about 15% in june. still the survey found half of all job changers so they felt they could find a new job within the next three months. o
>> this problem is far more wide-ranging than target and neiman marcus. very sophisticated operation. they spend a lot on security. when they can get a breach, tells you how severe this problem is. as a nation, we are under attack the cyber crime gangs and retailers are not equipped to deal with these motivated ivoryy gary's going after these. dennis: the federal reserve is more positive, but how does the consumer feel? and report looks at just that. >> mirror fed released a new...
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Jan 27, 2014
01/14
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and neiman-marcus and michael's are big too. it wouldn't surprise me if it's more company that have size. gerri: i want to read michael's ceo statement. it's a nondenial denial. we have not confirmed a comprise to the system. we believe it's in the best interest of their customer to alert them to take steps to prevent themselves by reviewing their payment count statements for unauthorized charges. it's job number one. look at the statement make sure that what is coming through the pipeline is some purchase you actually made. >> absolutely. you need to look at the statements. if you have a debit card you need to look at the bank statements too. and don't ignore the $1, $2, $9 purchases. they could be lead indicater you're going get hit with other big fraudulent purchases too if those are purchases you didn't make. >> you are giving good advise here. i don't think americans are taking. while folks say they're worried they're not changing what they're doing. only 41% of folks checked their account. only 37% have switched to cash. w
and neiman-marcus and michael's are big too. it wouldn't surprise me if it's more company that have size. gerri: i want to read michael's ceo statement. it's a nondenial denial. we have not confirmed a comprise to the system. we believe it's in the best interest of their customer to alert them to take steps to prevent themselves by reviewing their payment count statements for unauthorized charges. it's job number one. look at the statement make sure that what is coming through the pipeline is...
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did you forget marcus? forget what? your chem exam? uggh? flashcard time! the atomic weight of boron. the future isn't scary, not investing in it is. 100 innovative companies, one etf. before investing, carefully read and consider fund investment objectives, risks, charges expenses and more in prospectus at invesco.com. dav--w, larry: that's it for "kudlow," thank for watching, folks. maria: good tuesday morning, everyone. thanks so much for joining us this morning. i'm maria bartiromo. it is tuesday, april 2nd, top stories right now, 6:00 a.m. on the east coast. today futures indicating a lower opening at the start of trading this morning, take look. we're talking about a decline of 134 on the dow industrials, nasdaq down 46, s&p 500 lower by 10. this after stocks traded lower yesterday kicking off the second quarter on the down side. stocks lower on strong manufacturing data monday, suggesting less need for aggressive rate cuts. when all was said and down the dow industrials yesterday down 240 points, nasdaqs was up 17 at 4:00 on wall street. this week cl
did you forget marcus? forget what? your chem exam? uggh? flashcard time! the atomic weight of boron. the future isn't scary, not investing in it is. 100 innovative companies, one etf. before investing, carefully read and consider fund investment objectives, risks, charges expenses and more in prospectus at invesco.com. dav--w, larry: that's it for "kudlow," thank for watching, folks. maria: good tuesday morning, everyone. thanks so much for joining us this morning. i'm maria...
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100
Nov 12, 2014
11/14
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i always look at the neiman marcus catalog. always so much fun. how many years have you been doing this. >> we've been doing a christmas catalog since 1926. eighty-eighth year. we've been doing over the top fantasy gifts for the past 15 years. >> tens of thousands of dollars. let's start with stuff you'll actually buy. we'll show this stuff on our set. incredible water for crystal caviar and vodka serving set. this is pretty awesome. tell us about that. >> it is. it is a beautiful set made by water for crystal. eighteen caret gold on the outside. again, you can do with chill vodka, offer a shot of vodka to your guests as well as some fabulous caviar. gerri: $1,500. the vodka set 2,000. you've got what you're calling a multi game set. this is for the person who likes to play a little poker. have a little dice. really gorgeous. sitting on our set right here. tell us about that. >> good. that's a crocodile embossed set that comes with everything you need for game night and roulette wheel, a felt chips, cards, dice, everything that you would need to p
i always look at the neiman marcus catalog. always so much fun. how many years have you been doing this. >> we've been doing a christmas catalog since 1926. eighty-eighth year. we've been doing over the top fantasy gifts for the past 15 years. >> tens of thousands of dollars. let's start with stuff you'll actually buy. we'll show this stuff on our set. incredible water for crystal caviar and vodka serving set. this is pretty awesome. tell us about that. >> it is. it is a...
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Sep 15, 2019
09/19
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marcus jones, number 21, is more of a third down guy. ross bowers is effective running the ball and they will call running plays for him. no one is off limits for the cu huskies. >> justin: second down and 9 for northern illinois. confusion defensively for nebraska. bowers, taking the shot down the field. overthrows intended receiver dennis robinson. he had him wide open. i said there was confusion. i don't know what happened but you could see there was a lot of movement before the snap. >> petros: there was a lot of movement, a lot of talk between the safety and corner. it looked like it could have been a cover two or three mishap. regardless, there has to be better communication. when we talk to the nebraska coaches earlier this week they said they harped on communication. they harped on situational football. last week coming out backed up, colorado hit them with a fleaflicker that went the distance. these are the type of opportunities nebraska needs to capitalize on and not have open receivers down field. >> justin: marcus jones. quic
marcus jones, number 21, is more of a third down guy. ross bowers is effective running the ball and they will call running plays for him. no one is off limits for the cu huskies. >> justin: second down and 9 for northern illinois. confusion defensively for nebraska. bowers, taking the shot down the field. overthrows intended receiver dennis robinson. he had him wide open. i said there was confusion. i don't know what happened but you could see there was a lot of movement before the snap....
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Apr 20, 2017
04/17
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interesting story about neiman marcus. would you believe they are borrowing money so that they can make interest payments on their other debt? ashley: borrowing from peter to pay paul, as they used to say. issuing debt to pay off the interest payments on their debt. they don't want to burn through their cash. look, they were bought out in 2013. they have been is a littled with nearly $5 billion of long-term debt, and they're trying to turn around, exploring all options, including a possible sale. there are still analysts out there that say hang in there. this is a good brand. it has stores here in new york city. they can turn it around. but the debt is really starting to crush them. stuart: amazon calling. ashley: yes, hello. ice age. stuart: the honda motor company announcing an investment in america. lizzie, are they trying to make themselves look good in front of president trump? liz: that's a good question. $124million. stuart: that's not much. liz: it's a wind tunnel facility. . stuart: all right. liz: okay. stuart: n
interesting story about neiman marcus. would you believe they are borrowing money so that they can make interest payments on their other debt? ashley: borrowing from peter to pay paul, as they used to say. issuing debt to pay off the interest payments on their debt. they don't want to burn through their cash. look, they were bought out in 2013. they have been is a littled with nearly $5 billion of long-term debt, and they're trying to turn around, exploring all options, including a possible...
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0.0
Jan 22, 2024
01/24
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elizabeth: professor gary marcus, good to see you. thank you very much. >> it was probably the logical next step instead of spinning their wheels moving from combustion engines straight to ev's. auto manufacturers will overlooking overall the middle step. and now car buyers are showing way more interest in hybrid vehicles. jeff flock is walking the showroom floor in new jersey with a couple of them that he says are showing real traction here and stellantis, toyota, tesla all big over the last 52 weeks, nice mover stellantis up 42%, toyota 38%. tesla up 56%.st we're coming right a back. so i started preparing physically and financially. then you came along and made every mile worth it. hi mom. at vanguard you're more than just an investor, you're an owner. helping you prepare for today's longer retirement. that's the value of ownership. you always got your mind on the green. not you. you! your business bank account with quickbooks money now earns 5% apy. (♪) that's how you business differently. intuit quickbooks. (♪) (♪) (♪) (â
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Jun 18, 2019
06/19
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so we'll get back to that when david marcus joins us. meanwhile, in terms of the broad story, lifting markets this morning, it's got to be about the fed, ladies, right? the federal reserve is probably not going to cut rates today, although there is a portion of wall street and investors who think they will. what's behind this rally here is the fact that it looks like whether it's today or in the next couple of months, the next move from the fed is probably a cut. >> i think the ecb's commentary this morning about their willingness to deploy stimulus if necessary puts pressure on jay powell over the course of their meetings today and tomorrow and especially in the press conference tomorrow. so of course we're expecting the fed to signal their willingness to be a little more accomodative if the situation arises where economic data starts getting much weaker than what we have seen. but we don't expect a move at this meeting. maria: all right. we'll take a short break. you've got to wonder what a 2.03% 10 year yield tells us about the econom
so we'll get back to that when david marcus joins us. meanwhile, in terms of the broad story, lifting markets this morning, it's got to be about the fed, ladies, right? the federal reserve is probably not going to cut rates today, although there is a portion of wall street and investors who think they will. what's behind this rally here is the fact that it looks like whether it's today or in the next couple of months, the next move from the fed is probably a cut. >> i think the ecb's...
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20
Oct 30, 2016
10/16
by
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eye 20
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anthony: we are back with bernie marcus. one of the biggest issues we hear from all corners is that big companies and small companies are just getting crushed by regulation so we want to know here if you would be able to start home depot in 2016 >> no, and by the way i'm telling you the factual absolutely not. when we started in 78, 7910 langone as you know the government was there for us. they really tried to help us get along. in today's environment, i will give you perfect example. dodd-frank, we were undercapitalized and i mean undercapitalized. the bank line was critical. i couldn't get a bank in georgia to back us in this state state because of the new venture, new idea. we couldn't sell it to anybody. my old bankers in california, atlanta georgia, california they agreed to give us $5.5 million line of credit. today in by the way we where undercapitalized. our balance sheet with terrible but the banker in california believed in us, believed with arthur and myself. he knew we were honest and we had a. idea. he thought i
anthony: we are back with bernie marcus. one of the biggest issues we hear from all corners is that big companies and small companies are just getting crushed by regulation so we want to know here if you would be able to start home depot in 2016 >> no, and by the way i'm telling you the factual absolutely not. when we started in 78, 7910 langone as you know the government was there for us. they really tried to help us get along. in today's environment, i will give you perfect example....
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Mar 21, 2014
03/14
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rock bettered marcus is walking out with 80 million. decastro is making $250,000 a day, spent 14 months in the position. this guy spent a couple months, watch this, getting anywhere from a million to two million bucks a day. robert marcus helped to sell a company which triggered a clause where he get as payout. cheryl: shareholders will have a filth. you can't tell me they will have backing? >> doesn't feel like the 1990s all over again, when you look at largest golden parachutes and what jack welch, lee raymond. these are executives that were there for decades. jack welch with 420 million bucks. lee raymond, exxonmobil, 320 million. they were there for a really long time. adam: how long was this guy marcus, despite terrible customer service and despite tech techs never show up on time or ever how long -- >> he was a cable vet but ceo -- adam: six weeks. >> what is key here important for the story. it triggered the clause for when the company is sold you get the golden parachute. you look at other golden parachutes when they sell their
rock bettered marcus is walking out with 80 million. decastro is making $250,000 a day, spent 14 months in the position. this guy spent a couple months, watch this, getting anywhere from a million to two million bucks a day. robert marcus helped to sell a company which triggered a clause where he get as payout. cheryl: shareholders will have a filth. you can't tell me they will have backing? >> doesn't feel like the 1990s all over again, when you look at largest golden parachutes and what...
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Sep 15, 2015
09/15
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marcus what he thinks about where trump stands? does he really have a chance displacing especially jeb, who many people say is clearly the frontrunner as far as the party is concerned. that is part of the conversation. we'll talk taxes. we have to. on a personal front, also a corporate front. you remember in my exclusive with bill ackman, he said, i pay between 40, to 45%. i will ask bernie marcus what is the right amount for millionaires and billionaires to pay. that is all coming up. melissa: good question. deirdre. coming up at top of the hour, "risk & reward." david: the california fires leaving thousands of people with nowhere to go. fox news's claudia cowan in middletown california with the latest. >> reporter: the valley fire, david, has displaced more than 13,000 people including those who used to live here at middletown manor apartment complex. take a look at this. 50 apartments went up in smoke. the number of cars that had to be abandoned. look at the state of the cars now. the destruction is surreal. the fire is growing.
marcus what he thinks about where trump stands? does he really have a chance displacing especially jeb, who many people say is clearly the frontrunner as far as the party is concerned. that is part of the conversation. we'll talk taxes. we have to. on a personal front, also a corporate front. you remember in my exclusive with bill ackman, he said, i pay between 40, to 45%. i will ask bernie marcus what is the right amount for millionaires and billionaires to pay. that is all coming up. melissa:...
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Jan 14, 2014
01/14
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we see that the retail sector over the same period had a drop where neiman-marcus and target were not nearly at the bottom. gerri: stop there for a second. that's what we need to hear. it's critical information for consumers. so you see the individual companies. we can show a picture of security ratings. it doesn't name anybody. there are no companies name. it gives you an idea of what going on. take a look at that. so i think it's companies that are in the red part of that graphic that are in trouble. the ones in the blue that are okay. you say there are companies that had worse ratings according to your own research than target, than neiman-marcus. does it mean more retailers will be hit? and when might it happen? >> well, certainly very sobering. and the recent analysis question based on the data from knee man narcos and target. there are many retailers that had worse rating performance than those two companies. which certainly, give us pause and concern about what is still to come. there are many -- gerri: can you name names? >> we don't discloser particular companies or individua
we see that the retail sector over the same period had a drop where neiman-marcus and target were not nearly at the bottom. gerri: stop there for a second. that's what we need to hear. it's critical information for consumers. so you see the individual companies. we can show a picture of security ratings. it doesn't name anybody. there are no companies name. it gives you an idea of what going on. take a look at that. so i think it's companies that are in the red part of that graphic that are in...
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Oct 29, 2016
10/16
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one of the cofounders of the retail giant home depot bernie marcus. first of all thanks for being here but what is your take on the political rhetoric against business in the united states? >> well, look i think that hillary's attack on business has been consistent with the democrats attack on business all year. you have heard it from bernie sanders. business is bad and then they talk about taking and helping the middle class and helping people with jobs. who employs people in america a? i think it's business, is not? i don't know where hillary comes from. i don't know where elizabeth warren comes from because she is going to be the pseudo-president if hillary is elected. jobs are created by business and attacking businesses doesn't make a hell of a lot of sense but it tells you where clinton's head is and where her agendas going. gary: mr. trump seems to be doing that on the campaign. what do you make of that? >> i think he's a businessman. i think ultimately he understands what it means to hire people, to pay people. he understands what overhead is.
one of the cofounders of the retail giant home depot bernie marcus. first of all thanks for being here but what is your take on the political rhetoric against business in the united states? >> well, look i think that hillary's attack on business has been consistent with the democrats attack on business all year. you have heard it from bernie sanders. business is bad and then they talk about taking and helping the middle class and helping people with jobs. who employs people in america a?...